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New Deal


Announced

Transcarent to acquire 98point6.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private

Pending

Single Bidder

Friendly

Domestic

Acquisition

Digital Services

digital primary care

United States

Synopsis

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Transcarent, a health and care experience company, agreed to acquire 98point6, an AI-powered virtual care platform and care business of on-demand primary care company. Financial terms were not disclosed. “In healthcare, complexity is the problem and simplicity is the answer. Transcarent is committed to creating an easy-to-use health and care experience that people love, that improves care, and that reduces the cost of that care. By combining the 98point6 AI-powered virtual care technology and an affiliated group of world class physicians with Transcarent’s comprehensive care platform, we will deliver consumers and employers what they really want and need. Leveraging AI to drive personalization and access to care will revolutionize the virtual care experience, for the first time combining best-in-class technology with human touch. That’s a winning combination," Glen Tullman, Transcarent CEO.

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